MGT 3200 Chapter 1: Management Notes (from tb)
Document Summary
Chapter 1: managing effectively in a global world. Management is the process of working with people and resources to accomplish organizational goals. Fundamentally, it described the monetary amount associated with how well a job, task, good, or service meets users" needs. Effectively creating value requires fully considering a new and changing set of factors: organizing resources achieves goals, organizing is assembling and coordinating the human, financial, physical, informational, and other resources needed to achieve goals. They will build organizations that are flexible and adaptive, particularly in response to competitive threats and customers needs: leading mobilizes your people, leading is stimulation people to be high performers. It includes motivating and communicating with employees, individually and in groups. Leaders maintain close day-today contact with people, guiding and inspiring them toward achieving team and organizational goals. By controlling, managers make sure the organization"s resources are being used as planned and the organization is meeting its goals for quality and safety.
